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Materials Innovations In An Emerging Hydrogen Economy February 24 th , 2008

Materials Innovations In An Emerging Hydrogen Economy February 24 th , 2008. Title: Global Perspectives Towards the Establishment of the Hydrogen Economy Jose Ignacio Galindo – CEO. Agenda. Global Overview. Oil dependency. Alternatives. ALSET Proposal. Transition Plan. Conclusions.

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Materials Innovations In An Emerging Hydrogen Economy February 24 th , 2008

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  1. Materials Innovations In An Emerging Hydrogen Economy February 24th, 2008 Title: Global Perspectives Towards the Establishment of the Hydrogen Economy Jose Ignacio Galindo – CEO

  2. Agenda Global Overview Oil dependency Alternatives ALSET Proposal Transition Plan Conclusions

  3. Next 40 years (World Oil Production) Control 3% 97% Global Overview The Economy is driven by Politics International Energy Agency (IEA) Estimations: Investments are 20% below (20,000 billion investment) needed to assure suitable supply during the next 25 years. The Market

  4. Global Overview 2006 2008 $ 2.81 per gallon $ 3.14 per gallon 2 years – 12% The US Market

  5. Global Overview 45% of the OIL consumed in the US GASOLINE Automobileindustryisextremelyimportant Introduction

  6. Global Overview There are 600 million passenger cars in the world, 97% gasoline powered. Source: worldmapper.com The Market

  7. Petroleum dependency The more dependent a country is on foreign fuel, the more interested it will be in an alternative source of power. There is need for fuel independency Energy Independency becomes a National Security Issue. Thounsands of barrels per day. Source: International Petroleum Monthly The Market

  8. Other problems… Environmental trends Global Warming Acid Rain Investors’ concern for their company’s impact on the environment The US Market

  9. Alternatives: WHAT ARE THE ALTERNATIVES? Competitive Analysis

  10. Alternatives: Bio-diesel and Ethanol • Both technologies are food based products. Some agricultural products can be converted into fuel. • Biodiesel required Diesel engines (less than 2%) • Their price is tied to that of the commodity. Severalcountries, likeBrazil, haveinvested in thesetechnologies. Competitive Analysis

  11. Alternatives: CNG • CNG issubstanciallycheaper. • Itisalreadydistributedallovertheworld • CNG isstill a fossil fuel. • Thetechnologyisyearsold and itnevertook off in the US Competitive Analysis

  12. Alternatives: Hybrids Although gasoline powered, hybrids have a secondary electric engine that runs on recovered energy from braking. THEY STILL DEPEND ON FOREIGN FUEL Theysave up to 50% in gasoline! Competitive Analysis

  13. Alternatives: Hydrogen Oil price dramatic increase Oil’s imminent shortage Rising environmental concerns Need for a new energy carrier HYDROGEN • Available all over the globe • Clean • Fossil fuel independent Introduction

  14. Alternatives: Fuel Cell & H2ICE Fuel Cell cars Internal Combustion • Hydrogen consuming baterry • Electric engine • Zero emissions! • Mature Technology • Allow Bivalent Operation • Near Zero emissions Introduction

  15. ALSET’s Proposal There is a need for The development of Technologies that allow the transition from fossil fuel to Hydrogen Introduction

  16. Transition Plan H2 Policies R&D Technology Development For transition New Economic Model Strategic Planning Education Safe & Efficient Systems Access to H2 @ Competitive Price Available Adequately Communicated Introduction

  17. H2 Transition Plan WE HAVE TO CREATE A WAY TO GO BACK TO ECONOMICS The Economy driven by Global Market The Economy driven by Politics Source: Financial TImes

  18. Transition Plan THERE HAS TO BE CONSENSUS AMONG

  19. Transition Plan For a successful Implementation of the Hydrogen Economy, industry and future consumers have to: ACKNOWLEDGE HYDROGEN AS A VALID ALTERNATIVE TO GASOLINE HAVE ACCESS TO HYDROGEN AT COMPETITIVE PRICES WE NEED TO START TODAY TO DO THE TRANSITION

  20. Transition Plan Alset Technology: Alset is working on technologies for the transition to the Hydrogen economy: • State of the art Technology for Internal Combustion of Hydrogen • Hydrogen Production

  21. Conclusion LEADERSHIP ISSUE THE UNITED STATES HAS THE CAPACITY TO LEAD THIS TRANSITION TO THE HYDROGEN ECONOMY H2 ECONOMY SHOULD BE The Next Shared vision of America…

  22. THANK YOU VERY MUCH Be the change you wish to see www.alsetglobal.com Info@alsetglobal.com

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